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The Right Way to Avoid the Transportation Cliff

May 14, 2014 in Economics

President Obama on Wednesday visited the Tappan Zee Bridge in New York as part of an effort to get Congress to approve billions of dollars in new infrastructure spending to avoid a “transportation cliff.” However, Cato scholars Randal O’Toole and Chris Edwards suggest that new spending will do little for citizens and commuters, and instead argue that the government should reduce spending and downsize the federal role in transportation.

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Source: CATO HEADLINES

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